Search results for: #FTX

News | 1 week ago
2 minutes read
FTX Asset Sale Could Collapse Crypto Market

Messari analysts predicted negative consequences for the crypto market should the liquidation of FTX assets take place. They believe that two altcoins will suffer the most, but the collapse of…

Author: CoinsPaid Media Editor
News | 2 months ago
2 minutes read
FTX Restructuring Plan Draws Disapproval from Creditors

FTX published the company’s restructuring plan, which envisages the revitalization of the platform. However, creditors and former customers expressed disapproval as its implementation involves extra costs and payment delays. FTX…

Author: CoinsPaid Media Editor
News | 2 months ago
2 minutes read
Former Executives of FTX and Alameda Research Committed Biggest Financial Fraud in History

FTX representatives filed a lawsuit against former top executives of the bankrupt crypto exchange and its subsidiary, alleging that they not only misappropriated customer funds but also pulled off one…

Author: CoinsPaid Media Editor
News | 5 months ago
2 minutes read
Cryptocurrency Exchange FTX to Restart

The bankrupt cryptocurrency exchange FTX will be relaunched. In Q2 2024, the platform will be able to resume support for crypto exchange transactions and offer trading in FTX claims. Zane…

Author: CoinsPaid Media Editor
News | 7 months ago
2 minutes read
Former FTX Executive to Plead Guilty to Fraud Charges

During a hearing in a Manhattan federal court, Nishad Singh’s attorneys said their client was willing to plead guilty to several charges, including wire fraud and conspiracy to commit money…

Author: CoinsPaid Media Editor
News | 7 months ago
2 minutes read
New Criminal Charges Against Sam Bankman-Fried 

Sam Bankman-Fried, Founder of bankrupt crypto exchange FTX and Former Executive of Alameda Research, is facing new criminal charges. The court charges SBF with conspiracy to commit bank fraud and…

Author: CoinsPaid Media Editor
News | 8 months ago
2 minutes read
FTX Owes Money to Numerous Companies and Individuals

FTX representatives prepared a “creditor matrix,” a 115-page document with details of entities owned by Sam Bankman-Fried’s company.  FTX attorneys provided a document to the District Court for the District…

Author: CoinsPaid Media Editor
News | 9 months ago
< 1 minutes read
Fund Outflows from CEXs After FTX’s Collapse Already Over $19 Billion 

From November 5 to December 26, almost 357,000 BTC and 4.48 million ETH were withdrawn from accounts of various centralized trading platforms around the world.  More than $19 billion worth…

Author: CoinsPaid Media Editor
News | 9 months ago
2 minutes read
Binance Fights FUD and Tries to Reassure Users

A post appeared on the crypto exchange’s blog detailing the origins of key events that amplified the FUD effect around Binance in the past few weeks.  In an effort to…

Author: CoinsPaid Media Editor
News | 9 months ago
2 minutes read
Former FTX Group Execs Plead Guilty and Cooperate with Investigation

Caroline Ellison and Gary Wang pleaded guilty to fraud charges and are cooperating with the U.S. government investigation into FTX ex-CEO Sam Bankman-Fried.  Former Alameda Research CEO Caroline Ellison and…

Author: CoinsPaid Media Editor